The State of Washington Securities Division reported that Hillstone Real Estate Fund I, LLLP, HS REO 101, LLC, HS REO 102, LLC, HS REO 104, LLC, HS REO 105, LLC, HS REO 109, LLC, HS REO 112, LLC, HS REO 701, LLC, and FlypShield, LLC, each violated RCW 21.20.140 by offering and/or selling securities for which no registration was on file with the Securities Administrator and no valid claim of exemption existed.
Additionally, Blake E. Robbins, Christina M. Robbins, and Clifford B. Sullivan were charged with violating RCW 21.20.040 by offering and selling securities while not registered as a securities salesperson or broker-dealer in the State of Washington.
The State of Washington charged Hillstone Capital, LLC, Hillstone Real Estate Fund I, LLLP, Hillstone Pinnacle Fund I, LLLP, FlypShield, LLC, Blake E. Robbins, Christina M. Robbins, and Clifford B. Sullivan with violating RCW 21.20.010 because they, allegedly, each made misstatements of material fact or omitted to state material facts necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading.
The Securities Administrator intends to order that the respondents cease and desist from further violations.
Contact Us Today
The Sonn Law Group is currently investigating allegations that brokers recommended investments in Hillstone Capital LLC. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.